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520 SQM Plot
Archangelos, Nicosia

€125,000  ($144,057)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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Compared currency flag Pay in USD and save up to $5,042

Average Bank Rate (€125,000)
1 USD = 0.8384 EUR
$149,099

Mid-market rate (€125,000)
1 USD = 0.8677 EUR
$144,057

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1853226 (54187)
  • Plot: 520 sqm

Description

High-Yield Residential Plot in Lakatameia – Strategic Acquisition for High-Value Living

Whether you are looking to build a custom sanctuary for your family or a smart investor seeking a premium land asset in a growing sector of Lakatameia, this 520 sq.m. residential building plot offers the perfect blank canvas. Buying land in this quiet and highly accessible neighborhood provides the ultimate freedom to bring a modern architectural vision to life, benefited by a strategic location that guarantees long-term value. This site is a high-value residential opportunity specifically suited for those who prioritize privacy, smart design, and building a custom home in a serene urban environment.

Balanced Development and Yield Potential

Boasting a prime position within the desirable Κα6 residential planning zone, this property is primed for immediate construction. With a 90% building density and 50% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a modern detached family residence or a small, sophisticated residential project. The zoning allows for a clear path for those looking to capitalize on the high demand for quality housing and maximize yield potential in a high-value urban hub. The structural allowance for 2 floors up to a height of 10 meters ensures a well-proportioned and attractive residential design.

Property Type: Residential Building Plot
Location: Lakatameia, Nicosia
Plot Area: 520 sq.m.
Planning Zone: Κα6 (Residential)
Building Density: 90% (Balance between small development and high-value living)
Cover Factor: 50%
Structural Allowance: 2 Floors / 10m Height
Infrastructure: Well-positioned plot in a quiet residential area with immediate access to all essential public utilities and a registered road
Legal Status: Title deed available
Cyprus real estate investment: High-value potential for a private residential project in a growing hub

Location and Neighborhood Benefits

Location is the foundation of any great investment when you want to buy land in Nicosia. Situated in a premium pocket of Lakatameia, this plot offers a rare balance of residential tranquility and extreme convenience. You are just a short drive from major private schools, retail centers, and the city's main transit arteries, making it an area highly attractive to families. Enjoy the benefits of being in a well-connected district with seamless access to the city center and the primary motorway network.

Plots of land for sale in Lakatameia: Located in a growing neighborhood known for its peaceful atmosphere and modern development.
Land for sale near Nicosia Mall: Situated within a 3-minute drive of the capital's premier retail and entertainment destination.
Anthoupoli Health Center: Located just 1.5 km away, providing rapid access to essential public healthcare facilities.
Pediaios Linear Park: Reachable within a short 5-minute drive, ensuring proximity to the city's most popular green trail and recreational space.
Pascal English School: Positioned within a 5-minute drive, offering immediate access to one of the most prestigious educational institutions in Cyprus.

If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot in Lakatameia is an unparalleled opportunity. Prime development land with this specific density and positioning in such a strategic location is a acquisition that moves quickly.

Contact G&P Lazarou Estate Agents today to arrange a private consultation and discuss the possibilities for your next residential project. G & P Lazarou Estate Agents has been a leader in the Cyprus property market for over 3 decades of experience, offering unmatched expertise and a commitment to excellence.

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€2,275 ($2,622)
If buying on joint names
€1,875 ($2,161)

Disclaimer - Property reference 1853226. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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